H.4.1 Factors Affecting Reserve Balances of Depository Institutions

FEDERAL RESERVE Factors Affecting Reserves of Depository Institutions and Condition Statement of F.R. Banks H.4.1. For release at 4:15 p.m. Eastern time August 19, 1983 | Averages of daily figures (millions of dollars) RReesseerrvveess ooff ddeeppoossiittoorryy iinnssttiittuuttiioonnss,, Week ended | Change from week ended Wednesday RReesseerrvvee BBaannkk ccrreeddiitt,, aanndd rreellaatteedd iitteemmss Aug 1 u 9 s 8 t 3 17 * , A i«1 Q' j Augm,18> Au 1 g 9 u 8 st 3 * 17, Reserve Bank credit: _ 2 U.S. government securities- Bought outright—system account 145,456 | + 1,489 1 + 11,849 144,972 Held under repurchase agreements — — - 169 — Federal agency obligations- Bought outright 8,880 — - 75 8,880 Held under repurchase agreements — — - 51 — Acceptances- Bought outright — — — — Held under repurchase agreements — — - 66 — Loans to depository institutions 1,478 42 + 996 1,722 Includes: seasonal borrowing of 194 + 16 + 63 206 extended credit of 502 + 45 + 379 517 Float 1 046 123 - 863 1,482 Other F.R. assets 8,186 443 - 1,429 7,613 Total Reserve Bank credit 165,046 + 882 + 10,192 164,669 Gold stock 11,128 2 - 20 11,128 Special Drawing Rights certificate account 4,618 — + 600 4,618 Treasury currency outstanding 13,786 — — 13,786 Total Factors 194,578 + 880 + 10,772 194,201 Currency in circulation** 161,443 + 149 + 12,680 j 161,307 Treasury cash holdings** 515 — + 101 515 Treasury deposits with F.R. Banks 3,310 502 + 337 \ 3,991 Foreign deposits with F.R. Banks 233 + 5 - 50 223 Other deposits with F.R. Banks 446 58 - 177 452 Service-related balances and adjustments3 1,067 99 + 833 843 Other F.R. liabilities and capital 5,341 + 225 + 57 5,234 172,355 281 + 13,782 172,565 Reserve balances with F.R. Banks4 22,223 + 1,161 - 3,010 21,636 Total vault cash 20,267 537 + 1,040 20,267 (a) Vault cash at institutions with required reserve balances 13,484 350 + 481 13,484 (b) Vault cash equal to required reserves at other institutions 3,043 172 + 646 3,043 (c) Surplus vault cash at other institutions5 3,740 15 - 87 3,740 Reserve balances + total vault cash 4 42,490 + 624 - 1,970 41,903 Reserve balances + total vault cash used to satisfy reserve requirements 6 38,750 j + 639 - 1,883 • 38,163 Required reserves 38,425 + 730 ! - 1,889 38,425 Excess reserve balances at F.R. Banks7 | 325 91 | + 6 262 On August 17, 1983 , marketable U.S. government securities held in custody by the Federal Reserve Banks for foreign official and international accounts were $110,120 million, a decrease of $626 million for the week. 1 Net of $ 1,490 million, daily average, matched sale-purchase transactions outstanding during the latest statement week, of which a net of & 1,490 million was with foreign official and international accounts. Includes securities loaned—fully secured by U.S. govern ment securities. 2 Net of $2,211 million matched sale-purchase transactions outstanding at the end of the latest statement week, of which a net of $2,211 million was with foreign official and international accounts. Includes $ 43 million securities loaned—fully secured by U.S. government securities. 3 Consists of required clearing balances of $ 843 million and adjustments of $ 224 million to compensate for float. 4 Excludes required clearing balances and adjustments to compensate for float. 5 Total vault cash at institutions without required reserve balances less vault cash equal to their required reserves. 6 Reserve balances with Federal Reserve Banks plus vault cash at institutions with required reserve balances plus vault cash equal to required reserves at other institutions. 7 Reserve balances with Federal Reserve Banks plus vault cash used to satisfy reserve requirements less required reserves. * Estimated (Dallas District). ** Estimated (Treasury's figures). Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.4.1 (a) CONSOLIDATED STATEMENT OF CONDITION OF ALL FEDERAL RESERVE BANKS Millions of doilars Change since ** WWeeddnneessddaayy **** Wednesday Wednesday August i/, i*o3 August 10. 1983 August 18, 1982 ASSETS Gold certificate account 11,128 -- 20 Special Drawing Rights certificate account 4,618 -- + 600 Coin 425 + 8 — Loans 1,722 + 559 + 787 Acceptances- Held under repurchase agreements _„ „_ «._ Federal agency obligations- - Bought outright 8,880 -- 75 Held under repurchase agreements'! -- — — U.S. government securities: Bought outright—Bills 61,699 - 277 + 8,792 Notes 63,044 - 914 + 1,026 Bonds 20,229 + 914 + 1,965 Total bought outright2 144,972 - 277 +11,783 Held under repurchase agreements'! -- -- -- Total U.S. government securities 144,972 - 277 +11,783 Total loans and securities 155,574 + 282 +12,495 Cash items in process of collection (17,214) 9,795 + 1,354 + 1,262 Bank premises 554 + 1 + 24 Other assets 3 7,059 - 1,200 - 1,524 TOTAL ASSETS ((1177,,221144)) 189,153 +_ 445 +12,837 LIABILITIES Federal Reserve notes 148,461 - 347 +12,584 Deposits: Depository institutions 22,490 - 2,399 - 2,765 U.S. Treasury—general account 3,991 + 1,187 + 844 Foreign—official accounts 223 - 59 87 Other 441 - 40 - 146 Total deposits (15,757) 27,145 - 1,311 - 2,154 Deferred availability cash items ( 1,457) 8,313 + 1,905 + 2,257 Other liabilities and accrued dividends4 2,089 + 195 24 TOTAL LIABILITIES (17,214) 186,008 + 442 +12,663 CAPITAL ACCOUNTS Capital paid in 1,429 -- + 93 Surplus 1,359 — + 81 Other capital accounts 357 + 3 -- * Figures in parentheses are the eliminations made in the consolidating process. 1 Does not include U.S. government and federal agency securities resold under matched sale-purchase transactions to foreign official and international accounts of which $ -0- million was outstanding at the end of the latest statement week. 2 Net of $ 2,211 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 43 million securities loaned—fully secured by U.S. government securities. 3 Includes assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes special investment account at Chicago of $ 25 million in Treasury bills maturing within 90 days. 4 Includes exchange-translation account reflecting the monthly revaluation at market exchange rates of foreign exchange com mitments. ** Estimated (Dallas District). MATURITY DISTRIBUTION OF LOANS AND SECURITIES, August 17, 1983 Acceptances and securities held under repurchase agreements are classified as maturing within 15 days in accordance with maximum maturity of the agreements. U.S. government securities Federal agency obligations LLooaannss AAcccceeppttaanncceess Holdings | Weekly changes Holdings | Weekly changes Within 15 days 1,682 -- 6,326 - 4,848 289 + 66 16 days to 90 days 40 -- 31,482 + 1,253 659 - 30 91 days to 1 year -- -- 43,059 + 610 1,862 - 36 Over 1 year to 5 years -- -- 32,826 + 494 4,429 + 11 Over 5 years to 10 years -- -- 13,690 + 1,816 1,123 - 11 Over 10 years -- -- 1177,,558899 ++ 339988 551188 -- Total 1,722 — 114444,,997722 -- 227777 88,,888800 -- Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.4.1 (b) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON August 17, 1983 Millions of dollars Kansas San Total Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas* Francisco ASSETS Gold certificate account 11,128 927 3,065 541 659 913 371 1,504 468 143 605 750 1,182 Special Drawing Rights certif. acct. 4,618 241 1,335 225 302 408 161 646 170 61 241 310 518 Coin 425 14 29 15 38 54 54 19 21 20 49 33 79 Loans 1,722 5 24 121 4 126 6 355 37 97 185 741 21 Acceptances held under repurchase agreements -0- -- -- -- -- -- — -- -- -- -- -- — Federal agency obligations: Bought outright 8,880 417 2,908 296 526 737 215 1,224 252 109 456 614 1,126 Held under repurchase agreements 1 -0- "" ~~ •" •" -- -- •- -- -- -- -- -- U.S. government securities: Bought outright—Bills 61,699 2,894 20,201 2,058 3,656 5,124 1,496 8,503 1,749 754 3,172 4,269 7,823 Notes 63,044 2,957 20,641 2,103 3,735 5,235 1,529 8,688 1,787 772 3,240 4,362 7,995 Bonds 20,229 949 6,623 675 1,198 1,680 490 2,788 573 248 1,040 1,400 2,565 Total bought outright 2 144,972 6,800 47,465 4,836 8,589 12,039 3,515 19,979 4,109 1,774 7,452 10,031 18,383 HHHeeelllddd uuunnndddeeerrr rrreeepppuuurrrccchhhaaassseee aaagggrrreeeeeemmmeeennntttsss 111 -0- -" "• -- -- -- -- -** -- -- -- -- -- TTToootttaaalll UUU...SSS... gggooovvveeerrrnnnmmmeeennnttt ssseeecccuuurrriiitttiiieeesss 144,972 6,800 47,465 4,836 8.589 12,039 3,515 19,979 4,109 1,774 7,452 10,031 18,383 TTToootttaaalll llloooaaannnsss aaannnddd ssseeecccuuurrriiitttiiieeesss 155,574 7,222 50,397 5,253 9,119 12,902 3,736 21,558 4,398 1,980 8,093 11,386 19,530 Cash items in process of collection 27,009 640 4,514 545 1,524 3,105 2,297 2,434 1,915 574 2,552 4,319 2,590 Bank premises 554 97 25 50 27 110 34 19 15 27 25 18 107 Other assets 3 7,059 228 2,078 290 441 428 419 946 195 253 326 466 989 Interdistrict settlement account -0- 350 - 1,752 66 - 1,543 - 599 + 555 - 2,077 - 1*304 380 - 1,808 + 9,443 119 TOTAL ASSETS 206,367 9,019 59,691 6,853 10,567 17,321 7,627 25,049 5,878 2,678 10,083 26,725 24,876 1 Does not include U.S. government and federal agency securities resold under matched sale-purchase transactions to foreign official and international accounts, of which $ -0- million was outstanding at the end of the latest statement week. 2 Net of $ 2,211 million matched sale-purchase transactions outstanding at the end of the latest statement week. Includes $ 43 million securities loaned-fully secured by U.S. government securities. 3 Includes assets denominated in foreign currencies, revalued monthly at market exchange rates. Includes special investment account at Chicago of $ 25 million in Treasury Bills maturing within 90 days. * Estimated (Dallas District). Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

H.4.1 (c) STATEMENT OF CONDITION OF EACH FEDERAL RESERVE BANK ON August 17, 1983 Millions of dollars Kansas San Total I Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St. Louis Minneapolis City Dallas Francisco LIABILITIES Federal Reserve notes 148,461 7,824 47,252 5,568 8,879 13,317 3,130 21,636 4,680 1,652 7,591 9,545 17,387 Deposits: Depository institutions 22,490 702 5,762 790 1,019 1,385 1,609 2,033 507 465 970 1,866 5,382 U.S. Treasury—general account 3,991 — 3,991 — — — — — — — — — Foreign—official accounts 223 4 110 7 11 8 12 20 .4 5 7 10 25 Other 16,198 — 377 — — 17 1,540 36 1 — 3 14,219 5 Total deposits 42,902 706 10,240 797 1,030 1,410 3,161 2,089 512 470 980 16,095 5,412 Deferred availability cash items 9,770 307 760 275 302 2,249 1,044 626 542 426 1,262 657 1,320 Other liabilities and accrued dividends1 2,089 93 646 68 137 175 55 277 56 27 103 196 256 TOTAL LIABILITIES 203,222 8,930 58,898 6,708 10,348 17,151 7,390 24,628 5,790 2,575 9,936 26,493 24,375 CAPITAL ACCOUNTS Capital paid in 1,429 38 350 68 101 73 115 191 39 . 50 66 105 233 Surplus 1,359 35 332 60 99 72 109 185 38 49 62 94 224 Other capital accounts 357 16 HI 17 19 25 13 45 11 4 19_ 33 44_ TOTAL LIABILITIES AND CAPITAL ACCOUNTS 206,367 9,019 59,691 6,853 10,567 17,321 7,627 25,049 5,878 2,678 10,083 26,725 24,876 FEDERAL RESERVE AGENTS' ACCOUNTS F.R. notes outstanding 170,860 9,190 50,482 8,065 9,675 14,936 5,780 23,808 5,586 2,250 9,324 11,348 20,416 Less-Held by F.R. Banks 22,399 1,366 3,230 2,497 796 1,619 2,650 2,172 906 598 1,733 1,803 3,029 F.R. notes, net | 148,461 7,824 47,252 5,568 8,879 13,317 3,130 21,636 4,680 1,652 7,591 "9,545 17,387 Collateral held against F.R. notes: Gold certificate account 11,128 927 3,065 541 659 913 371 1,504 468 143 605 750 1,182 Special Drawing Rights certif. acct. 4,618 241 1,335 225 302 408 161 646 170 61 241 310 518 Other eligible assets - 0 - — — — — — — — — — — — — U.S. govt, and agency securities 132,715 6,656 42,852 4,802 7,918 11,996 2,598 19,486 4,042 1,448 6,745 8,485 15,687 Total collateral 148,461 7,824 47,252 5,568 8,879 13,317 3,130 21,636 4,680 1,652 7,591 9,545 17,387 1 Includes exchange translation account reflecting the monthly revaluation at market exchang erates of foreign exchange commitments. * Estimated (Dallas District). Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis